Search For "pakistani rupee"
Experts blame grey market, IMF as rupee goes into free fall
Updated : 2 years, 6 months ago IST
As the Pakistani Rupee (PKR) goes down steadily against the US dollar, experts and stakeholders in Pakistan point fingers at the powerful grip of the grey market and the “significant interference” by the International Monetary Fund (IMF) in the country's banking and currency sectors, reporte
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Imran Khan's PTI blames Shehbaz Sharif-led govt for inflated power bills
Updated : 2 years, 6 months ago IST
The Pakistan Tehreek-e-Insaf (PTI) blamed the Pakistan Muslim League-N party for the expensive electricity and also warned that the raye might jump around Pakistani Rupee (PKR) 85 per unit in the next few months.
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Pakistan: PKR plunges to all-time low due to economic crisis
Updated : 2 years, 6 months ago IST
The Pakistani Rupee (PKR) touched a record low of Rs299.64 against the dollar in the interbank market by further sliding 0.63 per cent on Wednesday, ARY News reported.
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Pakistan: Damages suffered due to Jaranwala blasphemy incident amount to P
Updated : 2 years, 6 months ago IST
In the Jaranwala blasphemy incident, the damages suffered due to the burning of churches and the houses of minorities has been estimated to be Pakistani Rupees (PKR) 67 million, reported Dawn.
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Pakistan govt imposed PKR 215 billion additional taxes in budget under IMF
Updated : 2 years, 7 months ago IST
The Pakistan government had to impose additional taxes of 215 billion Pakistani Rupees (PKR) and slash expenditures by 85 billion PKR in order to strike an agreement with the International Monetary Fund (IMF), The News International reported on Saturday.
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Pakistan increases base power tariff
Updated : 2 years, 7 months ago IST
Amid the economic crisis in the country, Pakistan has increased the electricity base rate by Pakistani Rupees (PKR) 7.5 per unit.
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Pakistan: Punjab govt to spend Rs 2.3 billion on new vehicles
Updated : 2 years, 7 months ago IST
Amid the worsening economic situation in Pakistan, the cash-strapped country's Punjab government released a whopping Pakistani Rupee (Rs) 2.3 billion to purchase new vehicles for its officials.
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Pakistan: Court grants bail to Chaudhry Parvez Elahi in money laundering c
Updated : 2 years, 8 months ago IST
The court directed Elahi to submit a surety bond of Pakistani Rupees (PKR) 500,000 against the bail.
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Pakistan: Govt hikes petrol levy by 5 PKR per litre
Updated : 2 years, 8 months ago IST
The Pakistan government on Saturday hiked the petroleum development levy (PDL) on petrol by 5 Pakistani Rupees (PKR)
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Pakistan govt considering to increase levy on petrol, diesel: Report
Updated : 2 years, 8 months ago IST
Pakistan government is mulling raising the Petroleum Development Levy (PDL) on petrol and diesel from Pakistani Rupees (PKR) 50 to PKR 55 per litre with effect from July 1, 2023, Pakistan-based The News International reported.
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Pakistan: People suffer as government keep petrol prices unchanged
Updated : 2 years, 8 months ago IST
As the Pakistan government decided to raise the price of petrol in the country amid the economic turmoil, the common people continue to face difficulties, the country's vernacular media reported.
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Spectre of potential default looms large over Pakistan's economy: Report
Updated : 2 years, 10 months ago IST
The consequences of a default for Pakistan's economy would be dire with hyperinflation, devaluation of the Pakistani rupee, a near-halt in imports, the closure of more factories, an increase in unemployment and political and social unrest.
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